"With the combination of Scientific Games and Bally, we are focused on becoming the partner of choice for gaming, lottery and interactive customers," said President and Chief Executive Officer Gavin Isaacs. "To this end, we plan to launch an exciting array of new products across our Bally, WMS, Shuffle Master, Williams, Barcrest and lottery brands throughout the world in 2015. At the same time, as we continue to invest in developing innovative new products and services to help our customers grow their businesses, we also are just as committed to quickly implement our integration plans to realize targeted cost savings and generate growing free cash flow." Mr. Isaacs continued, "We believe that our planned new product and service introductions will demonstrate that no other company can match the breadth and depth of our differentiated solutions to address the needs of gaming, lottery and interactive customers. The diversity of our products and services and the scale of our operations uniquely position Scientific Games to effectively serve our customers and achieve long-term growth."
“We ended 2014 on another robust quarter, with strong product sales in the Americas and International and steady service revenues overall,” said Marco Sala, CEO of GTECH S.p.A. “We are finalizing the acquisition of IGT, ready to initiate the integration of our two companies, and to consolidate our leadership of the global gaming industry.” "Our underlying operating performance was very solid in the fourth quarter,” said Alberto Fornaro, CFO of GTECH S.p.A. "Excluding one-off items primarily related to the IGT acquisition, we achieved or exceeded guidance in all our key full-year metrics: EBITDA, CapEx, Operating Income, and Net Financial Position.”
"We are very pleased with our financial results for the 2014 fiscal year and the fourth quarter," commented Co-Chief Executive Officer John Pollard. "The positive trends experienced during the year have continued and we expect the same to carry on through 2015."   "We achieved record revenue in 2014, driven by the success of our proprietary products including our Scratch FX® and PlayBook® instant tickets."
The first-of-its kind television game show will launch a new multi-state companion lottery scratch ticket. "This lottery scratch game captures the essence and fun of the 'MONOPOLY MILLIONAIRES' CLUB' game show that has already started production in Las Vegas," said Steve Saferin, president of properties group and chief creative officer for Scientific Games. "The studio audience reaction to the show has been wildly enthusiastic, and there's no better way to celebrate the 80th anniversary of MONOPOLY™  than to give fans of the game yet another way to play."    Scientific Games Productions recently kicked off production on "MONOPOLY MILLIONAIRES' CLUB" at the  Rio All-Suite Hotel & Casino in Las Vegas inside a custom-built, 48,000 square-foot, state-of-the-art structure.
It has been a testament to the professionalism of our thousands of retail partners around the country who engaged with us over the course of this new rollout and transition that we have managed to steady the ship and are confident about the future.  The Irish lottery continues to be one of the most successful lotteries globally with a strong ethos, exceptional staff and a culture of delivering for our players and good causes. To date, it has raised over €4.5bn for Good Causes; delivered over €7.5bn in prizes and created over 450 new millionaires.
“It has been an honor to work with you and serve the State of Maryland during this time of extraordinary change for the agency and the state’s gaming policy,” Martino wrote in the email to his staff. “We’ve successfully opened five casinos that have increased revenues to Maryland’s public education system and employed thousands. The traditional lottery is one of the most accomplished in the world, annually sending more than half a billion dollars to the state general fund. And, all of our work has been done with integrity, transparency and a commitment to responsibility. I’m proud of what we have done together and appreciate your considerable efforts, which have been the bedrock of our success.”
Legislators must decide whether such a law should be classified as a gambling activity or as a social gaming activity. Bowman said he believes fantasy sports are a game of skill.  Both Jochum and Bowman said they didn’t think the bill would interfere with casino business.
"I am pleased the Hoosier Lottery and Ivy Tech now offer this financial tool to Lottery winners, Ivy Tech students and adults throughout the State," said Hoosier Lottery Executive Director Sarah Taylor. "We support responsible lottery play and encourage winners to seek counsel from a trusted financial professional or attorney before making decisions on how to manage their windfall." "Our financial investment to assist in the production of the MOOC exemplifies GTECH Indiana's commitment to corporate social responsibility, which is a pillar of the Lottery's annual business plan," said GTECH Indiana COO & General Manager Colin Hadden.
Commenting on 2014 performance Norbert Teufelberger, Chief Executive Officer, said: “The full year impact of ISP blocking in Greece coupled with the structural decline of regulated poker markets in Continental Europe affected our overall financial performance for the year.”
“Twenty Florida Lottery games had sales of more than $1 million last week,” said Florida Lottery Secretary Cynthia O’Connell. “This is good news across the board because higher sales result in more winners, increased commissions for retailers and more revenue generated for Florida’s students and schools.”
The lottery has increased radio advertisements, commercials and new games each month trying to get sales back up and the advertisements helped lead to record sales this week for scratchers. Linda Hamlin says, “Players came out and bought $741,000 in tickets, that’s our best day ever.”
“Twenty Florida Lottery games had sales of more than $1 million last week,” said Florida Lottery Secretary Cynthia O’Connell. “This is good news across the board because higher sales result in more winners, increased commissions for retailers and more revenue generated for Florida’s students and schools.”
"We are very pleased with our financial results for the 2014 fiscal year and the fourth quarter," commented Co-Chief Executive Officer John Pollard. "The positive trends experienced during the year have continued and we expect the same to carry on through 2015."   "We achieved record revenue in 2014, driven by the success of our proprietary products including our Scratch FX<® and PlayBook® instant tickets.  Our strong portfolio of contracts, including a number of new contracts obtained in 2014, allowed us to maintain significant momentum throughout the year.  Sales of our licensed games product line were also strong throughout the year.  Our production volumes reached record levels during the year and our average selling prices were ahead of 2013.   Were it not for the timing of a large amount of goods in transit over year end our annual ticket sales volumes would also have reached record levels."
The Restoration of America’s Wire Act (RAWA, which threatens to impose federal regulatory mandates on states, thereby overturning decades-old system of respecting states’ rights to regulate and tax gambling and lottery) was supposed to get a hearing this Thursday in front of the House Subcommittee on Crime, Terrorism, Homeland Security and Investigations. That hearing has been pushed back due to inclement weather, as Washington D.C. is squarely on the “cold and wet” side of the dueling extreme winters plaguing the United States over the past two months. A close examination of the witness list for the scheduled hearing on RAWA reveals a panel that is strongly biased towards anti-online gambling viewpoints, making it clear to some that Sheldon Adelson’s pro-federalization lobbying is having an impact.
The announcement follows a competitive advertising review that included the incumbent, Omnicom Group’s DDB and OMD. Estimated annual advertising expenditure for the account is approximately $50 million. The new contract has a five-year term.
At last week’s Nevada gaming regulatory hearing, GTECH Chairman Lorenzo Pellicioli revealed the merged company will be known as IGT when the buyout closes in April. The holding company that combines GTECH and IGT will operate under the name International Game Technology PLC.
PGRI Note: We are quickly moving to a cash-less commercial environment.  The percentage of consumer transactions enabled by credit cards, e-wallets, and smart-phones already overwhelm those made with cash, and the displacement of cash as the transaction-enabling currency will continue to increase.  Lottery players are consumers and are no more likely to use cash when buying products than other consumers are.   Nothing else we do will matter much if consumers aren’t able to buy our products!
In the past 50 years, while the United States has undergone an unprecedented expansion of legalized gambling, sports betting has been the only holdout. America’s legal stance on sports betting puts it in unusual company; it is the rare issue in which the United States has more in common with Russia and China than it does with Britain and much of continental Europe. America’s sports gambling prohibition has created what many consider (these things are difficult to measure) the world’s largest black market for sports betting. While nearly $4 billion is bet on sports legally in Las Vegas yearly, an estimated $80 billion to $380 billion is wagered illegally through a shadow industry of offshore online betting houses, office pools and neighborhood bookmakers. Legal or not, the money continues to flow, and a growing number of power brokers advocate legalization so government can tax those billions and sports leagues can track it for signs of corruption.
The commissioners of Major League Baseball and the National Basketball Association express qualified support for regulation of sports betting. Fantasy sports further complicate the state of play. At present, all four leagues either run their own fantasy sports operations or have entered official partnerships with fantasy sports providers. “It’s really now become gambling,” Ron Katz, chairman of the Institute of Sports Law and Ethics at Santa Clara University in California, said of daily fantasy.
Alibaba, China’s e-commerce giant, which had been hosting illegal online lottery operators, has announced the suspension of these online lotteries

WORLD LOTTERY SUMMIT Photos Rome







Public Gaming /Paul Jason - pjason@publicgaming.com   / Susan Jason - sjason@publicgaming.com  /Office Phone - + 425-449-3000  
feed-image Feed Entries